Get the Best Return: How Much Interest Can You Earn on Fixed Deposits This Year?

Fixed deposits (FDs) are a popular investment in India offered by banks and financial institutions. They allow you to deposit money for a fixed period and earn interest. FDs are considered low-risk with guaranteed returns, but interest rates vary depending on factors like bank, tenure, and deposit amount. You can choose to receive interest payouts regularly or reinvest them for higher returns (compounding). FDs are suitable for risk-averse investors or those seeking a safe way to grow savings with predictable returns.